Anyone who trades trying to have a certain degree of confidence must have this indicator on their chart. Most often the indicator is used by those who prefer tape reading while trading. Also, the indicator can be utilized by those who trade only based on the Price Action analysis. This is an extremely useful horizontal volume indicator which can be utilized to analyze the volume of trades that occurred at a particular price time. However, reading the ...
The markets are having a tough year so far, with the S&P 500 declining by about 18% year-to-date, amid surging inflation, tighter monetary policy, and rising interest rates. Tech stocks have fared much worse, as investors rotate into value and cyclical bets, with the Nasdaq-100 down by close to 29% year-to-date. Even Apple stock, which has always been considered a safe haven of sorts, hasn’t really been immune to the sell-off, declining by about 23% year-to-date ...
A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. plummeted by much more than expected in the month of April. NAR said its pending home sales plunged by 3.9 percent to 99.3 in April after tumbling by 1.6 percent to a revised 103.3 in March. more...
RSI Dual Cloud - indicator for MetaTrader 5 The subwindow displays two RSI (Relative Strength Index, RSI) lines - 'Fast' and 'Slow'.
In this new article, we will learn about a new technical indicator that can deal with volume and help us to see a different perspective: we will talk about the On-Balance Volume (OBV) indicator in detail to try to cover this interesting topic and learn how to use this technical indicator in our favor. The following are topics that will cover this indicator: OBV definitionOBV strategyOBV strategy blueprintOBV trading system ...
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